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Analysts expect the ringgit to trade range-bound at RM4.22 to RM4.23 per US dollar ahead of the Oct 28-29 FOMC meeting. The US September CPI release showed inflation easing to 3.0%, and the ongoing government shutdown was noted as a factor.
A range-bound ringgit leaves dollar-priced feed import costs for Malaysian buyers broadly stable. Softer US inflation supports the case for Fed easing, which tends to weaken the dollar.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.